Sulfadiazine, a class of pharmaceuticals used to treat bacterial infections, saw its market performance closely tied to the pharmaceutical sector’s performance in India during the first and second quarters of 2023. The government’s efforts to boost drug production and encourage imports aimed to mend disrupted supply chains caused by the COVID-19 pandemic.
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However, the pharmaceutical sector’s heavy reliance on imported raw materials led to price trend uncertainties. While production activities increased, the rising cost of imported raw materials remained a significant factor affecting sulfadiazine prices, highlighting the intricate relationship between pharmaceutical production and its supply chain challenges.
Definition
Sulfadiazine is a pharmaceutical compound belonging to the sulfa drug class, primarily used to treat bacterial infections. It functions as a bacteriostatic agent by inhibiting the growth and multiplication of bacteria. Sulfadiazine can be administered orally, topically, vaginally, or ophthalmically, with various formulations available. Its properties include antimicrobial effectiveness against a range of bacterial strains. While effective in treating infections, it may cause adverse reactions in some individuals, and its use should be under medical supervision. Sulfadiazine’s versatility and efficacy have made it a valuable antibiotic in medical practice for addressing various bacterial ailments.
Key Details About the Sulfadiazine Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Sulfadiazine in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Sulfadiazine Price chart, including India Sulfadiazine price, USA Sulfadiazine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Sulfadiazine Price Trend:
Sulfadiazine, a member of the sulfa drug class, has limited industrial applications compared to its widespread pharmaceutical use. It is primarily utilized for medical purposes as an antibiotic to treat bacterial infections in humans and animals. Sulfadiazine’s bacteriostatic properties inhibit the growth of a wide range of bacteria, making it valuable in healthcare settings and veterinary medicine. While its primary role is therapeutic, it may find some application in research and development, particularly in microbiological studies or as a reference standard in laboratory analyses. However, its significance lies mainly in its clinical and veterinary use for addressing bacterial infections effectively.
Key Players:
- Sichuan Chengkang
- XINHUA PHARM
- Square Pharmaceuticals
- Jurox
- Pfizer
- ReYoung Pharmaceuticals
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